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how are things both in the united states and europe. >> and china? >> let's talk about the u.s. in almost every business, there are pockets of real success. let's take, for example, the enormous burst in rental housing. the command for rental housing is incredible. so we're in the home supply business. we do cabinet doors, home depot, supply, we do vanities and things like that. we sell vanity kits as fast as you possibly make to landlocked and multifamily housing who put these things in. we charge $500, they increase the rent $100 a month, the pay back is in months, and the game is on. people are renovating rental places and motels and hotels because they're occupied. three years ago they were taking a room in a motel, tearing it apart, bringing the fixture over and fixing the other room that was leaking. now they're renovating those things. so the home rental idea is moving strongly. you take the marcellus fields, we can't get pipe up there fast enough. we can't get pre-fab buildings up there fast enough. i mean, i'm not talking marcellus, i'm talking north dakota in the basin
how are things both in the united states and europe. >> and china? >> let's talk about the u.s. in almost every business, there are pockets of real success. let's take, for example, the enormous burst in rental housing. the command for rental housing is incredible. so we're in the home supply business. we do cabinet doors, home depot, supply, we do vanities and things like that. we sell vanity kits as fast as you possibly make to landlocked and multifamily housing who put these...
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Sep 19, 2012
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in the united states this is totally open ended and as the fed announced last week. they're just going to print money until we see a major improvement in the job market. i consider what's happening in europe actually better monetary poli policy. >> why would you consider it better? i don't think either of those policies address what they're trying to address. in the case of the u.s. i don't see a correlation with fed programs and unemployment or at least not one big enough to pull out and with regard to europe, if outside investors don't come in or you don't fix what's wrong with these countries, how long can the printing presses go? can you comment on my opinion versus yours? >> sure. remember, europe is where we were a few years ago. they still have to shore up the banking system. they have to do a lot of things including deposit insurance if you deposit in different countries, so what draghi is doing is financially trying to shore up the banking system. what we're doing in the united states if you at price of gold, the inflationary expectations in the tips market,
in the united states this is totally open ended and as the fed announced last week. they're just going to print money until we see a major improvement in the job market. i consider what's happening in europe actually better monetary poli policy. >> why would you consider it better? i don't think either of those policies address what they're trying to address. in the case of the u.s. i don't see a correlation with fed programs and unemployment or at least not one big enough to pull out and...
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states. the court said he tried to conceal the murder of a british businessman committed by the wife of one of the nation's most senior politician. the verdict is due in about 10 days. >> in the capital of afghanistan, a feeble suicide bomber has killed at least 12 people, most of them foreigners. the clip claiming responsibility said it was a reaction -- the group claiming responsibility said it was reaction to a film that was blasphemous to islam. >> this is the single deadliest incident connected to that film so far. >> little remains of the car the attacker used tear ran into a small bus on its way to the airport. most of the passengers were pilots for an international air cargo company. >> the foreigners killed in this attack or of russian and south african nationality. >> shortly after the explosion, a radical islamic group claimed responsibility for the attack, saying the bomber was a 20-year- old afghan woman. a spokesperson said the attack was retaliation for the anti- islam video, "
states. the court said he tried to conceal the murder of a british businessman committed by the wife of one of the nation's most senior politician. the verdict is due in about 10 days. >> in the capital of afghanistan, a feeble suicide bomber has killed at least 12 people, most of them foreigners. the clip claiming responsibility said it was a reaction -- the group claiming responsibility said it was reaction to a film that was blasphemous to islam. >> this is the single deadliest...
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protest or wrecked it if united states writ large or it us policy this is in response to a video that is offensive but that's a claim no one is buying it ministration wants us to believe it's not the administration's policies that have generated this behavior it's this one idiotic piece of so-called film which is about out there for two months well i would like to hear that stupid film that nobody's seen causes people to assassinate ambassadors and to storm embassies and the question the us media keep asking why do so many millions of muslims hate the usa but the answers they're getting are the answers very few in the us want to hear if you're point to one thing that makes some muslims hate the usa it would be. hypocrisy over democracy. while america the government now preaches democracy it has propped up authoritarian leaders but that's not the only accusation of hypocrisy that washington is facing there's also u.s. policy makers failure to condemn the violence when it suits their goals like the numerous terrorist attacks in syria washington seems to approve of them as long as they a
protest or wrecked it if united states writ large or it us policy this is in response to a video that is offensive but that's a claim no one is buying it ministration wants us to believe it's not the administration's policies that have generated this behavior it's this one idiotic piece of so-called film which is about out there for two months well i would like to hear that stupid film that nobody's seen causes people to assassinate ambassadors and to storm embassies and the question the us...
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states the palestinian authority is calling for the united states to apologize over this form and we're hearing the same kind of course come from the harassed prime minister ismail haniya he says that the film must be removed and that washington needs to apologize to the arab and islamic world for the offense that it caused demonstrations continue for the third consecutive day in the pakistani city of the karate here hundreds of protesters continue to march they are holding up banners they continue to apply the same slogans warning before we american ambassador to pakistan and other countries in the region to be expelled immediately we're also seeing hundreds of protesters taking to the streets and i kissed on the city of peshawar here the police fired tear gas rubber bullets and also used battens to disperse the crowd as they came close to the american embassy we're keeping an eye on lebanon where we've seen the greatest number of protesters take to the streets so far in this week long show of protests and demonstrations yesterday monday at least one hundred thousand protesters turned
states the palestinian authority is calling for the united states to apologize over this form and we're hearing the same kind of course come from the harassed prime minister ismail haniya he says that the film must be removed and that washington needs to apologize to the arab and islamic world for the offense that it caused demonstrations continue for the third consecutive day in the pakistani city of the karate here hundreds of protesters continue to march they are holding up banners they...
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the united states embassy is under siege in the middle east. but more importantly, you have china and japan becoming more and more bellicose with each other regarding some archipelago islands off the coast of japan, so that really bears watching. the financial times, in fact, is running an article as we speak how china may perhaps sell japanese bonds in order to bring the japanese to their knees as regards those strategic islands. so, there's some geopolitical tension out there, which of course should probably aid gold, at least in the short-term. > > we have our cover story today on fedex. that's a good indicator. it's put out some guidance yesterday that is worrying some people. how do you play that? > > i think that's right. there's a lot of concerns domestically about the fiscal cliff and what that will mean for first- and second-quarter economic growth here. i think fedex, in addition to expressing that concern, also expressed concern that the global economy continues to slow. china and the far east are a major point of distribution and sa
the united states embassy is under siege in the middle east. but more importantly, you have china and japan becoming more and more bellicose with each other regarding some archipelago islands off the coast of japan, so that really bears watching. the financial times, in fact, is running an article as we speak how china may perhaps sell japanese bonds in order to bring the japanese to their knees as regards those strategic islands. so, there's some geopolitical tension out there, which of course...
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>> when you are president of the united states, you are president of all the people. not just the people who voted for you. >> you've got to look at what the guy has talked about through the whole campaign. he believes that every american has to have skin in the game. has to have a stake. and he doesn't want what the president wants works i is a bigger, more bloated government that's taking more people's money and being more oppressive on people's lives. he wants to empower individuals through sacrifice and opportunity to get their lives as date as they can and be make america greater. >> the real story behind these comments is what is behind it is president obama's very deliberate attempt to do class warfare as part of his campaign strategy. it's president obama who has decided to divide the electorate down those levels. >> i get the general feeling that with more and more people becoming dependent on government, that by next july we could perhaps be so -- it will be dependence day, not independence day. this is not something i am just feeling alone. >> oh, come on.
>> when you are president of the united states, you are president of all the people. not just the people who voted for you. >> you've got to look at what the guy has talked about through the whole campaign. he believes that every american has to have skin in the game. has to have a stake. and he doesn't want what the president wants works i is a bigger, more bloated government that's taking more people's money and being more oppressive on people's lives. he wants to empower...
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of the united states here is the. latest national t.v. ad coming from a stein campaign. a green party president means an end to unemployment to foreclosures to student debt to climate change and an end to corporate rule we're not talking spare change we need a revolution. that's what we deserve what we don't deserve is pandering irresponsible as well as campaigning i can't believe i just said that but that's. probably true. but you. know we're done with. those i'm voting for joel stein we just stole the phrase. i'm jill stein joining me now dr jill stein green party candidate for president of the united states dr stein welcome thank you tom great to be with you thanks for joining us exactly what exactly was the u.s. europe green party so it was a first video meeting between myself and my running mate sherry and several european parliamentarians to talk about our common issues to help share their hard won experience getting into office and then moving policies that actually make a difference a green new deal which has
of the united states here is the. latest national t.v. ad coming from a stein campaign. a green party president means an end to unemployment to foreclosures to student debt to climate change and an end to corporate rule we're not talking spare change we need a revolution. that's what we deserve what we don't deserve is pandering irresponsible as well as campaigning i can't believe i just said that but that's. probably true. but you. know we're done with. those i'm voting for joel stein we just...
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the years and it goes and i feel very good for years and good history of the united states not part of the world this is just been excuse if you will for some groups to make use of that a period than to set it set it aflame a lot from paris joining our t. journalist and writer barry landau thank you for your time pleasure. with the muslim world gripped by a range of there's one big question question that's being asked across america just what or who are the protests that while some are adamant it's all the movie others as artie's granted reports have no such illusions. the white house keeps saying it was just the anti islamic video that calls the muslims wrath across the world this is not a case of. protest or wrecked it if united states writ large or a us policy this is in response to a video that is offensive but that's a claim no one is buying it ministration wants us to believe it's not the administration's policies that have generated this behavior it's this one idiotic piece of so-called film which is what out there for two months. stupid film that nobody's seen causes people
the years and it goes and i feel very good for years and good history of the united states not part of the world this is just been excuse if you will for some groups to make use of that a period than to set it set it aflame a lot from paris joining our t. journalist and writer barry landau thank you for your time pleasure. with the muslim world gripped by a range of there's one big question question that's being asked across america just what or who are the protests that while some are adamant...
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that is what unites states has been doing as well. i do not think that can bring about a fundamental change. we will not able to deploy our own military to protect. an inability to protect embassies will affect our ability to continue to deploy them in these countries and it will affect the economic features of the countries concerned. >> what they may be seeing regarding the very changes in the middle east is the assumption of the threats on host countries -- [indiscernible] that could have implications for security policies. >> we will see. i think you may find these events are reminder to host countries responsibilities. >> we have to be cleared differentiating between regimes and those like the libyan authorities where the will was there to try to help with the capabilities were not. -- while the capabilities or not. i think they want to meet those responsibilities as part of overcoming the legacy they have on the gadhafi regime. we have to be clear from different -- that kind of situation from something like iran. >> in that case
that is what unites states has been doing as well. i do not think that can bring about a fundamental change. we will not able to deploy our own military to protect. an inability to protect embassies will affect our ability to continue to deploy them in these countries and it will affect the economic features of the countries concerned. >> what they may be seeing regarding the very changes in the middle east is the assumption of the threats on host countries -- [indiscernible] that could...
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what are the implications for the united states? let's ask ann lee and peter navarro with the university of california irvine and a cnbc contributor. thank you very much for joining us today. the u.s. has already stated it does not take a position of sovereignty with regards to the islands. nonetheless, i think there's an understanding here that if there was a military escalation it would probably side with japan. so what are the implications for us at this juncture? >> i believe that, yes, we have a treaty with japan. however, this is really not in u.s. interests, given that this whole area is a very powerful economic region. we don't want to have these two nations go to war. so the u.s. stance, i believe, will be let's try to negotiate this and keep it peaceful. >> and i guess, peter, china has an extraordinarily powerful tool if we're talking about economic retaliation here. if the u.s. tried anything, wouldn't china be able to dump our bonds? >> they would. let's look at the bigger story here. the are small islands,ut they hava
what are the implications for the united states? let's ask ann lee and peter navarro with the university of california irvine and a cnbc contributor. thank you very much for joining us today. the u.s. has already stated it does not take a position of sovereignty with regards to the islands. nonetheless, i think there's an understanding here that if there was a military escalation it would probably side with japan. so what are the implications for us at this juncture? >> i believe that,...
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they ended baseball across the united states, a fact i can't substantiate. concerning how many children you have, how many father-daughter dances do you regularly attend during the year? >> i have been banned from them. apparently you are not supposed to ask other father-daughters if you can cut in. >>> that is frowned upon. i thought i was being charming, but not so much. >> tierney of the few is a great night for a book. that is coming up in 59 days. it is repressive tolerance that means if if you president what everybody to be happy, no one can have anything. >> when everyone gets a medal, nobody wins. >> it is a horrible thing. >> they will shutdown like a war memorial with a cross on it because it offends them. you are taking that from all of those other people. >> it is a level of selfishness. you are now because of that taking away anen tire -- you a way an entire tradition. >> you should ban it not because of any aclu things. the father-daughter thing is weird. it is a little odd. >> no, it is not. >> when you are a dad you spend more time with your
they ended baseball across the united states, a fact i can't substantiate. concerning how many children you have, how many father-daughter dances do you regularly attend during the year? >> i have been banned from them. apparently you are not supposed to ask other father-daughters if you can cut in. >>> that is frowned upon. i thought i was being charming, but not so much. >> tierney of the few is a great night for a book. that is coming up in 59 days. it is repressive...
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thank you. >> the united states is calling a russian decision to expel eight workers from a usaid agency regrettable. >> moscow says the reason american money to influence russia elections. >> u.s. government agency has supported activists and human rights groups with more than $2.7 billion since 1991. and out until october 1 to leave russia. -- they now have until october 1 to leave russia. >> usa i.t. has been in russia since the end of the soviet union, but now they have been ordered out by the russian interior minister. officials accused usaid workers of meddling in politics. >> this is about the fact that america wants to use development funds to influence russian politics and in -- and exert influence on elections. >> thousands of russians hit the street again and again to protest against vladimir putin. they accuse him of corruption and electoral fraud. observers uncovered irregularities during the parliamentary and presidential polls last winter. those observers were from a group funded by usaid. there are regional elections soon and that's the reason, they say, usaid has been ki
thank you. >> the united states is calling a russian decision to expel eight workers from a usaid agency regrettable. >> moscow says the reason american money to influence russia elections. >> u.s. government agency has supported activists and human rights groups with more than $2.7 billion since 1991. and out until october 1 to leave russia. -- they now have until october 1 to leave russia. >> usa i.t. has been in russia since the end of the soviet union, but now they...
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it is only natural that the united states with burma should have some impact on the united states relations with china. i do not think that our relations with the united states would impact, to a certain degree, on our relations with china, but i think this could be taken forward in a positive fashion. it does not mean that because of burma is engaging now with the united states that its relations with china should be in any way deteriorating. also, it does not mean that because the united states is engaging with burma, it should be in any way seen as a hostile step to china. we can use our new situation to strengthen relations between all three countries. for us to put it very simply, it would be to our advantage for the united states and china to establish friendly relations. this would help us a great deal. this is what i look forward to. burma has had a good history of preserving friendship with many different countries, following many different ideologies. it was one of the first countries to recognize communist china back in the 1950's. it was also a country which had warmer relations
it is only natural that the united states with burma should have some impact on the united states relations with china. i do not think that our relations with the united states would impact, to a certain degree, on our relations with china, but i think this could be taken forward in a positive fashion. it does not mean that because of burma is engaging now with the united states that its relations with china should be in any way deteriorating. also, it does not mean that because the united...
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and so you know the united states has china dead to rights on this. ashley: gordon, this has been going on for years as has manipulation about the china because yuan and we fret over it and nothing changes. will it take a trade war to get something done if it is effective and is that really what we we need at this time? >> you never need a trade war but the united states is perfectly suited to wage one. we always worry about it. we're the current account deficit country. last year's china's merchandise trade surplus against the u.s. was 190.5 of its overall surplus. that is an incredible number. china is so beholden to the american market. so there never will be a trade war because the chinese can't afford to wage it. tracy: yet, it seems that gets missed in the headlines all the time. the notion that china needs us more than we need them. why is that? what is it that they're doing that somewhat frightens most companies here in the united states? >> well you know, they have an export dependent economy and, clearly it got problems in europe because eur
and so you know the united states has china dead to rights on this. ashley: gordon, this has been going on for years as has manipulation about the china because yuan and we fret over it and nothing changes. will it take a trade war to get something done if it is effective and is that really what we we need at this time? >> you never need a trade war but the united states is perfectly suited to wage one. we always worry about it. we're the current account deficit country. last year's...
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bernanke literally put an all-in with regard to quantitativizing in the united states. you don't fight the bang of england, the bank of japan, people's bank of china, the ecb and the fed. this ends up being good for risk assets over the next 6 to 12 months. we've added stocks to european equity, looking at emerging markets again which has lagged. ironically specifically in asia, in a follow-up to the chinese context right now. but there is a lot of opportunity right now. >> what about china? michelle set up some of the diplomatic tiffs going on between china and japan. if you look at china's economy, a lot of people have written china off in terms of its investment potential near-term. doesn't sound like you were doing that. >> i think people are overembellishing the downside. valuation show we're at significant discounts but in a very nacent domestic value. we're missing point with regard to 7% 208% growth is still very dynamic in china. they have beter response to the global markets. i think the reality to china is we don't want continued expectation of 10% growth. we
bernanke literally put an all-in with regard to quantitativizing in the united states. you don't fight the bang of england, the bank of japan, people's bank of china, the ecb and the fed. this ends up being good for risk assets over the next 6 to 12 months. we've added stocks to european equity, looking at emerging markets again which has lagged. ironically specifically in asia, in a follow-up to the chinese context right now. but there is a lot of opportunity right now. >> what about...
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the longest war in the history of the united states. i have been joined by others, some democrats, some republicans, some liberals, some conservatives who have consistently raised their voices in opposition to the war. today once again i stand here in the aftermath of more senseless killings of americans, not only by taliban forces, but by forces associated with the afghan government. a government we support and are told to trust. it is hard to believe in the midst of a presidential campaign so little is being said about the war. during the republican national convention, nominee mitt romney never once mentioned the war or the troops in his acceptance speech, not even incentives, not a phrase, nothing. as one who has been to afghanistan twice, met with our troops, talked to returning veterans, and been to visit them in the hospital, i find that silence shocking and offensive. i also find offensive the fact that this house of representatives has refused to even debate this issue. when the department of defense authorization bill came to
the longest war in the history of the united states. i have been joined by others, some democrats, some republicans, some liberals, some conservatives who have consistently raised their voices in opposition to the war. today once again i stand here in the aftermath of more senseless killings of americans, not only by taliban forces, but by forces associated with the afghan government. a government we support and are told to trust. it is hard to believe in the midst of a presidential campaign so...
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according to a new study the united states ranking has a free economy falling. in a release by the cato institute the u.s. has fallen to 18th in the 2012 freedom of the world report behind finland and denmark which are welfare states. hong kong, singapore numbers one and two. and the u.s. has been sleeping, in '08 ranked ten, now we're number 18. want to get back to apple. nicole, the shares, what would the stock be-- >> this morning, the reviews are coming out and bit by bit. i'm reading this morning about how it really is the greatest phone and now how they've worked so hard having their own maps and stuff. the maps have a little bit of a flaw, not loving that part and the 700 mark is a really big deal and also making more deals for e-readers and such, but here is a look at it right now. down 1.29. not 702 like yesterday. stuart: so we're above 700, but down a buck, buck something like-- >> five, six months from each one of the handles. from 500 to 600, 600 to 700. and six or seven months in between each one and see if six, sevens months, 800. stuart: i'm not
according to a new study the united states ranking has a free economy falling. in a release by the cato institute the u.s. has fallen to 18th in the 2012 freedom of the world report behind finland and denmark which are welfare states. hong kong, singapore numbers one and two. and the u.s. has been sleeping, in '08 ranked ten, now we're number 18. want to get back to apple. nicole, the shares, what would the stock be-- >> this morning, the reviews are coming out and bit by bit. i'm reading...
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states senate. but more then anything, the discoveries found in the vesuvian towns gave the world an enduring image of the roman world. not the bloody business of wars and conquest... or the relentless demands of running an empire. the houses and villas on the bay of naples revealed a way in which daily life could be made beautiful by the elegant craftsmanship of artisans and the refined taste of patrons.
states senate. but more then anything, the discoveries found in the vesuvian towns gave the world an enduring image of the roman world. not the bloody business of wars and conquest... or the relentless demands of running an empire. the houses and villas on the bay of naples revealed a way in which daily life could be made beautiful by the elegant craftsmanship of artisans and the refined taste of patrons.
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the fbi has already warned that several crimes pose a major threat to the united states. the latest in from bankamerica telling fox business that online banking systems remain secure in the vast majority of customers did not experience any issues. although, the slowdown does -- did begin in the morning. this is related to the amateur film allegedly mocking the profit of pop -- mohamad and the mideast terror group proposing a taking responsibility. intelligence sources telling fox business that can i confirm that, but this is an issue we are seeing. dennis: thank you very much. and shares of general mills getting a whip following positive third quarter earnings that beat the street. the maker of cheerios, betty crocker products, you play yogurt added last summer which helped lift sales. also announcing, the iconic jolly green giant is back. a gentler version to coax more kids into eating their vegetables so that the maker can sell more peas and carrots. expect to see him back on tv this week. cheryl: on the heels of that time it looks like kids are not the only ones who ne
the fbi has already warned that several crimes pose a major threat to the united states. the latest in from bankamerica telling fox business that online banking systems remain secure in the vast majority of customers did not experience any issues. although, the slowdown does -- did begin in the morning. this is related to the amateur film allegedly mocking the profit of pop -- mohamad and the mideast terror group proposing a taking responsibility. intelligence sources telling fox business that...
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then the united states. here we have the fiscal cliff. the fiscal cliff is something we have moderate control over because it's a question of political will. kit be resolved. anything that can be resolved will be dealt with in some fashion. and i think that's why the stock market has been climbing despite the obvious chasm ahead of us. sure, there are other reasons that could cause the sell of stocks. valuations getting stretched if we have little growth ahead of us. twice in the last month federal express, man, they disappointed. twice, twice. it's been a real tale of woe. [ crying ] and what has happened? frankly, nothing. stock's pretty much unchanged. tonight we got a big disappointment from norfolk southern, the railroad. while the stock is being hit after hours, you know what? i bet you buyers come in and snap it up tomorrow at what will be considered real bargain prices a few weeks from now. that's because in this tape, in this market, disappointing earnings don't necessarily produce disappointing and lasting moves down for high qu
then the united states. here we have the fiscal cliff. the fiscal cliff is something we have moderate control over because it's a question of political will. kit be resolved. anything that can be resolved will be dealt with in some fashion. and i think that's why the stock market has been climbing despite the obvious chasm ahead of us. sure, there are other reasons that could cause the sell of stocks. valuations getting stretched if we have little growth ahead of us. twice in the last month...